Pension Pulse has a post, “Pensions filling the infrastructure gap?” It does not allow comments, but here’s mine.
I was formerly a manager & analyst of public securities in emerging markets for one of the big pension funds. We had people in the PE departments working on this. My experience with single-purpose public infrastructure securities [...]
:: Tuesday, March 16, 2010
In my previous article on the bloated private sector, I failed to adequately explain my main point.
For the past 3 decades faith in the free market powers of the private sector have led to a massive misallocation of resources away from public sector investment. A careful reading of price signals reveal a severe [...]
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